International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Bank Risk Rating

B

Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.

Voting Date

Nov 16, 2016

The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.

Borrower

Government of Guyana

The holder of the loan, grant, or other investment.

Sectors

Agriculture and Forestry

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, etc.

Investment Amount (USD)

$ 15.00 million

Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Project Cost (USD)

$ 15.00 million

Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Project Description

The project aims to increase productivity of the agricultural sector while maintaining a sustainable and climate resilient use of natural resources in Guyana. The specific objectives are: (i) produce high quality data for the agricultural sector; (ii) increase productivity, especially for medium and small farmers; and (iii) increase sanitary and phytosanitary (SPS) standards and access to meat processing facilities. According to the bank, higher productivity will also contribute to reduce pressure on forest and fragile ecosystems, and at the same time, increase income for small and medium-sized farmers.

Investment Description

Inter-American Development Bank (IADB)

Contact Information

ACCOUNTABILITY MECHANISM OF IDB/ IIC
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).